On the Record · TravelCenters of America

TravelCenters of America acquisitions, on the record

The businesses TravelCenters of America bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
20 travel centers previously leased from SVC Word for word“In January 2019, we acquired from SVC 20 travel centers we previously leased from SVC for $309.6 million, including $1.4 million of transaction related costs, and amended our existing leases with SVC such that:” 10-K for 2020	acquisition	January 2019	$309.6 million
QSL business Word for word“For more information about the sale of our QSL business, please refer to Note 3 to the Consolidated Financial Statements in Part IV, Item 15. of this Annual Report.” 10-K for 2020	agreed divestiture	—	—
Quaker Steak & Lube, or QSL, business Word for word“On April 21, 2021, we completed the sale of our Quaker Steak & Lube, or QSL, business for $5.0 million excluding costs to sell and certain closing adjustments.” 10-K for 2021	divestiture	On April 21, 2021	$5.0 million excluding costs to sell and certain closing adjustments
two truck service facilities Word for word“Truck Service Facilities. During 2022, we completed the acquisitions of two truck service facilities, and entered into a lease for another facility, which began operating as TA Truck Service® during the year.” 10-K for 2022	acquisition	During 2022	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$71.9 million	$8.8 million
2017-12-31	$19.9 million	$5.5 million
2018-12-31	$10.5 million	—
2019-12-31	$0	—
2020-12-31	$0	—
2021-12-31	$0	—
2022-12-31	$109.4 million	$14.9 million

Deal filings since 2016

2023-05-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-01-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-01-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-12-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-09-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets

Read from TravelCenters of America’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.